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Business News of Friday, 19 June 2020

Source: Kasapa FM

NPP salvaged GIHOC from total collapse – Kofi Jumah

The Managing Director of GIHOC Distilleries Company Ltd, Mr. Maxwell Kofi Jumah, has hailed the NPP administration, led by HE. Nana Addo Dankwa Akufo-Addo, for saving the company from total collapse.

GIHOC distilleries, established in the year 1958, operates under the Ministry of Trade and Industry. The company, under the erstwhile John Mahama administration, hit the rocks, and was on the verge of collapse, until it was salvaged by the ruling NPP government after Mr Maxwell Kofi Jumah was appointed boss.

Faced with staff demonstrating in red bands upon his arrival, Mr Jumah said the NPP administration had since restored hope to workers of the company, raising the bar in corporate resuscitation.

“It all started with an increase in the basic salary of all workers; the lowest-paid from GH¢250 to GH¢1000. This helped relieve most of the employees from the numerous loans they were struggling to pay off.”

Mr. Jumah proudly mentioned that an in-house canteen and clinic have since been established within the company, to meet the basic needs of workers while at work. He added that staff now entitled to some incentives, aside from their monthly salaries, ranging from free transportation to a refund of medical bills.

“We rely on the extra talents of workers to fix issues at GIHOC, to reduce costs” Mr. Jumah disclosed in a live, exclusive interview streamed on the social media handles of the NPP Loyal Ladies on Thursday, 18th June 2020.

In furtherance of the President’s promise to create more jobs through enhanced industrialisation, Mr Jumah said the company had seen an increase in the number of employees, from 150 to 400.

GIHOC is partnering with the 1D1F Secretariat, to set up 10 factories to make the superior GIHOC brands more available to Ghanaians, in order to reduce foreign exchange leakages through the importation of goods, which could be produced locally.

“I and the staff of GIHOC know that without the vision and support of HE. Nana Addo Dankwa Akufo-Addo and the NPP government, the story of GIHOC would have been nothing to write home about. Many individuals and families would have been struggling. But today, I ‘Kofi Ghana’, can say that Nana Akufo-Addo has saved GIHOC, and the lives of the company’s staff.”

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